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Starting Out With Real Estate Investment

Have you ever considered rental property as an investment? An income producing property can be a great long term investment by providing a little bit of cashflow, monthly equity gains, and hopefully appreciation and tax savings (though there’s no garauntee to those two). At the same time it helps protect you from inflation. You see, a building Read More

Investment Property Financing – Latest Requirements

This is a Guest Post by Ryan Huemmer, the lender we use on our own rental properties. As an owner of investment properties, I get no greater joy than helping someone purchase their first investment property.  I’ve worked with AnchorBank for almost 8 years and the world of investment property financing has changed dramatically.  With Read More

Lesson Learned – No More Long Distance Landlording

Awhile back I wrote about firing our property manager in Indianapolis. Well things turned out to be worse than I expected. Here’s what happened… The previous tenant had called the health department as retaliation when we filed for eviction. At that point the health department ordered a bunch of repairs. I’ve got no problem with Read More

Real Estate Investing – Buy and Hold vs Flip

There are a million different ways to invest in real estate; buy and hold rentals, flipping, development, wholesaling, note buying, tax liens, just to name a few. The buy and hold rentals and fix and flip type investing seems to be the most common for beginning investors though. So, I’m going to focus on the Read More

Your First Income Property

We recently had the opportunity of working with some first time home buyers who decided to purchase an income property as a first home.  They purchased a duplex to live in one half and rent out the other half. Their goal was to own their home while at the same time making a great long Read More

Wisconsin Landlord Tenant Law Changes

On December 21, 2011 the Wisconsin state senate put into effect an act to change the landlord tenant laws. This is known as 2011 Wisconsin Act 108. This act was designed to eliminate many of the additional laws local municipalities added on top of state laws. Here are a few rules that got wiped out: Read More

Homeowner (and Rental Owner) Tax Deductions

It’s that time of year again… Tax time. I know, I cringe when I think about it too. Real estate is one of the most tax favored assets in the United States. If you’re a home owner or rental property owner, don’t forget to take advantage of all the tax deductions available to you. The Read More

City of Madison Rental Property Emergency Contacts

Recently, the City of Madison, WI amended the Madison General Ordinance 27.04(2)(k) to require owners of rental properties to provide tenants with 2 contacts that could be used in case of emergency when the property manager cannot be reached. Of course, whether your rental properties are in Madison or not, it’s a good idea to Read More

Are Dane County Housing Prices Headed Up?!?!

As a Realtor, I don’t know how many times I’ve heard the question, “When is the housing market going to bottom?”. Nobody ever knows exactly when we have hit bottom until they look back in history and see the statistics. Most of what you hear in the media is a broad generalization of our nation as Read More

New IRS 1099 Requirements

For those of you that are business owners or landlords, this is a must read. There is new regulations for businesses and landlords to file 1099s. This regulation somehow snuck into the health care reform bill. The way I understand it is that effective Jan 1 2011 all landlords will be required to file a Read More

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